Reasoning - Logical Reasoning:

Logical Reasoning

MCQ - 81-8033

Summer profits, the total sales recorded between June and August, determine the economic success or failure of seasonal businesses in Sweden. Sunglow, a retailer selling a sunscreen line, is an excellent example. Sunglow’s summer profits, on average, account for two thirds of its yearly total receipts and about three-quarters of its yearly profits.

Question:

Summer profits, the total sales recorded between June and August, determine the economic success or failure of seasonal businesses in Sweden. Sunglow, a retailer selling a sunscreen line, is an excellent example. Sunglow’s summer profits, on average, account for two-thirds of its yearly total receipts and about three-quarters of its yearly profits.

If the statements above are true, which of the following must also be true about Sunglow on the basis of them?

Its fixed expenses per sunscreen sold are higher during the summer season than for any other three-month period.
It makes more profit during the fall and spring quarters combined than during the summer season.
Its per-product retail price is lower, on average, during the summer season than during any other three-month period.
It makes more profit during the fall and spring quarters combined than during the summer season.
The per-product price it pays to wholesalers is higher, on average, during the summer season than from September to April.

Correct Answer: D

Explanation:

In order for the statement that Sunglow’s summer sales count for two thirds of its yearly total receipts and three quarters of its yearly profits to be true, it must make less profit per sale from September to April.

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243 MCQ for effective preparation of the test of Logical Reasoning of Logical Reasoning section.

Read the MCQ statement: Summer profits, the total sales recorded between June and August, determine the economic success or failure of seasonal businesses in Sweden. Sunglow, .... n the basis of them?, keenly and apply the method you have learn through the video lessons for Logical Reasoning to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 81-8033.

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Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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